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Economy, Stocks

“JPMorgan Says Record Highs in European Stocks Can Last and Widen”

” European equities are trading at fresh record highs, and JPMorgan Chase & Co. strategists say the rally can go on and even expand to markets that have been left behind. The Stoxx Europe 600 Index closed at a historical… Continue Reading…

Economy

“Federal Taxes and Spending Set Records Through January”

“The federal government set records for both the amount of taxes it collected and the amount of money it spent in the first four months of fiscal 2020 (October through January), according to data released today in the Monthly Treasury Statement.… Continue Reading…

Economy

“U.S. Household Debt Exceeds $14 Trillion for the First Time”

“Total U.S. household debt rose by $601 billion in the fourth quarter from a year earlier, or 1.4%, surpassing $14 trillion for the first time, the New York Fed’s quarterly household credit and debt report showed. That’s $1.5 trillion above… Continue Reading…

Economy

“Wives now out-earn their husbands nearly a third of the time”

“…Among married couples, wives now out-earn their husbands nearly 30% of the time, up from 15.9% in 1981, according to recently released data from the Census Bureau. “Men’s wages have stagnated in the past decade or so, in part because the economy… Continue Reading…

Business

“Coca-Cola Stock Hits All-Time High After Strong Quarter”

“Dow component The Coca-Cola Company (KO) posted an all-time high above $59 on Friday, one day after the beverage giant filed a solid fourth quarter 2019 report that exceeded conservative revenue estimates. Revenue grew an impressive 28.2% year over year,… Continue Reading…

Business

“Apple delivers best-ever quarter, powered by iPhones, services”

“Apple on Tuesday posted record results for the final three months of last year delivered by gains in iPhone sales even as the company transitions to digital services and wearables… Net profit hit an all-time high of $22 billion on… Continue Reading…

Business

“Good News! The Most Punctual Airlines of 2019 are Even More On-Time than in 2018 “

“… ANA All Nippon Airways All Nippon Airways (or ANA) was already the most punctual of those 10 airlines in 2018. They managed to improve their on-time performance by 2.08 points, from 85.26% in 2018 to 87.34% during the first… Continue Reading…

Economy

“For First Time in 26 Years, All U.S. Metros Enjoyed Income Gains”

“Americans in every U.S. metropolitan area experienced economic prosperity in 2018, according to a recent report from the Bureau of Economic Analysis. For the first time in 26 years, no metro area saw per-capita incomes fall that year — the… Continue Reading…

Stocks

“Nasdaq tops 9,000 on boosts from Amazon, trade optimism”

“The Nasdaq crossed the 9,000-point mark for the first time on Thursday as all three major Wall Street indexes posted record closing highs, boosted by optimism over U.S.-China trade relations and gains in shares of Amazon.com after a report signaled… Continue Reading…

Stocks

“U.S. stocks climb again in Santa Claus rally as all three main indexes close at records”

“U.S. stocks powered higher again Thursday, helped by reports of record year-end retail sales… How are benchmarks performing? The Dow Jones Industrial Average DJIA, +0.05%   rose 105.94 points or 0.37% to 28,621.39 and has gained for 9 of the past 11 trading… Continue Reading…